Friday, October 19, 2007
Position Update: MVIS
Price target: Who gives a fuck?
NOTE: Much to my surprise, the analyst from Maxim Group must have a time machine too. This analyst, with the handy help of her plutonium powered time machine, has projected revenue out until 2016.
Let me get this straight. She is projecting revenue of 1.14 BILLION dollars by 2016, yet her price target is only $7?
Fuck that. If I were given that future information, I'd slap a $250 dollar price target on this fucker.
*You fuckers better vote for Ron Paul.
And yes I know the voting machines are fixed - Diebold. Ohio, etc.
-sorry for politics fly, but our country is being gutted...
Fuck Ron Paul, God Bless the DOW.
You forget, the fly makes money in any market.
The DOW is actually at like 8,000 if you account for the depreciation in the dollar, and remember the index only conists of the winners.
or if that don't work , something with stars & stripes
rates are heading to zero .. maybe old man roberson is gonna be right now that he don't have money in the game
I sold that business to Diebold, scheisskopf, and guess what? To a man it was run by liberal Democrat dimwits. Part of the reason they had to sell was because like a lot of libs, they had no idea how to run a bidness.
And don't give me that crap about Wally being a Bush Ranger either. Wally got into the election business by accident by buying an ATM business in Brazil that happened to have an election machinery maker in the mix. Dimwit made a huge profit in that biz in Brazil and thought he could do similar here in the States, even though the sales model is completely different.
In summary, Wally couldn't find his ass with two hands and a Garmin GPS.
I think that projection for MVIS is quite generous already. If in 2016 the sales revenue can reach $1.14B, and assume 5% of sales goes into net profit, and a reasonable P/E of 15, MVIS should be worth $0.855B market cap in 2016. That's almost 10 years into the future.
Give a reasonable stock gain of 15% a year (any gain less than realy inflation is not a worthy investment), then intrapolate the number back to today, MVIS should be $0.24305B today.
The calculation goes like this: from 2007 to 2016 is 9 years. So at an annual growth of 15%. In nine years the growth is:
(1+15%)^9 = 3.518.
So if the market cap in 2016 should be $0.855, then today it should be:
$0.855B / 3.5178 = $0.24305B
MVIS closes exactly at $0.243B today. That is very fair.
So who has a better calculator brain?
That would not work. Besides tehre is no more palladium bear. I have collected the very last one of the palladium bear you can find any where in the world. See this.
The only way that works is for the FLY to sell his MVIS and buy some SWC. Or just buy some palladium coins.
You infringed the patent of my idea by meantioning Gore/Paul 08 :-)
But I suspect that combination will happen.
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